USBAM Investment Product & Strategy Lead
U.S. Bank
At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.
Job Description
U.S. Bancorp Asset Management is seeking an Investment Product and Strategy Manager to lead a newly-formed team of individuals responsible for investment product management and development. The Investment Product and Strategy Manager provides frontline leadership and direction for the product managers of USBAM’s fixed income and multi-asset class product solutions; owns strategy and execution for new product launches; develops our product roadmap in alignment with the firm’s strategic vision; identifies key business opportunities and issues; works independently and in concert with sales and marketing to develop relevant marketing concepts and campaigns.
The successful candidate will – through independent analysis of key trends, investor data and the competitive landscape – develop strategies, recommendations and implementation plans based on these opportunities and contribute to the fulfillment of the firm’s strategic vision. To that end, the Investment Product and Strategy Manager will participate in and oversee the development of both short- and long-term projects to meet USBAM’s strategic initiatives. Requires a comprehensive knowledge of investment products, and tactical project execution skills. The Investment Product and Strategy Manager will also act as lead on product development and launches, with the help of the product managers. This includes significant research, including feasibility, cost-benefit analysis and market opportunity assessment. The Investment Product and Strategy manager will facilitate new product launches across all facets of the business, managing a project team of up to 15 to accomplish this.
Essential Functions:
- Responsible for the overall management of the Investment Product team, the oversight of the investment product line and new product development.
- Manages design, development, implementation and enhancement of new or existing products in support of the organization and business line objectives.
- Develop product strategy and financial business plan, working with finance, sales and USBAM’s distribution partners
- Must have a strong understanding of the product line and be the "product advocate" by proactively and clearly disseminating investment-related information and developing the product message to USBAM’s sales team and distribution partners
- Is current on asset management and distribution trends, strategic product and market perspectives; anticipates changes and explores innovation to apply to our product line.
- Responsible for risk program adherence related to product line.
- Ensures products meet state and Federal regulatory requirements and coordinates legal review of all supporting collateral materials and documentation.
Basic Qualifications:
- BA/BS Degree required; advanced certifications a plus
- 10-12 years’ experience in asset management or the financial services industry required - preferably in product management, product development or strategy role. Experience with investment-grade fixed income, securities lending, private funds, multi-asset class management and/or money market funds strongly preferred.
Preferred Skills/Experience
- Management experience and the ability to create a culture of teamwork
- Exceptional writing, presentation and verbal communication skills
- Strong analytical and quantitative aptitude
- Demonstrated problem solving skills and outstanding flexibility
- Strong investment knowledge and demonstrated sound decision making and strategic thinking under pressure, reflecting an understanding of our industry, business and priorities
- Drive for results, conveying a sense of urgency and bringing issues to closure despite obstacles and opposition
- Ability to work independently and manage project teams
The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.
If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.
Benefits:
Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):
Healthcare (medical, dental, vision)
Basic term and optional term life insurance
Short-term and long-term disability
Pregnancy disability and parental leave
401(k) and employer-funded retirement plan
Paid vacation (from two to five weeks depending on salary grade and tenure)
Up to 11 paid holiday opportunities
Adoption assistance
Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.
E-Verify
U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $133,365.00 - $156,900.00U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.
Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.
Posting may be closed earlier due to high volume of applicants.